SMARTER BARRIER MANAGEMENT ON THE RADAR DESPITE COST CLIMATE
August 1st, 2016
Despite low oil prices, oil and gas operators are showing interest in adopting ‘dynamic barrier management’ (DBM), a new paradigm of risk management with applications across industries.
The concept involves using real time or near-real time information from multiple sources to track the continuous status of technical, operational and organisational safety barriers that are diverse in nature and degrade at different rates1.
Some examples of technical barriers are for containment, controlling ignition sources, emergency power, fire/gas detection and ...
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